NOT LISTED FOR SALE

1201 Windance Ln Corolla, NC 27927

Estimated Value: $1,040,000 - $1,219,000

6 Beds
5.5 Baths
3,166 Sq Ft
$353/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $888,000 $280 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,463/month

5 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Second Refrigerator
  • Health Club
  • Rooftop Deck
  • Clubhouse

About This Home

As of February 2022

ORIGINAL OWNERS/PRISTINE CONDITION/COROLLA LIGHTHOUSE VIEWS!! BEACH LIVING AT ITS FINEST!! METICULOUSLY MAINTAINED AND TURN KEY! X FLOOD ZONE. This 6 bedroom/5.5 bath home is located oceanside in Corolla in the lovely neighborhood of The Villages at Ocean Hill and is everything you've been looking for in a beach house. The owners are meticulous and have lovingly cared for this property! It is tastefully appointed and boasts an open and spacious floor plan, recreation room, spacious outdoor living spaces, a HUGE pool area, hot tub, covered decks, sun decks as well as a rooftop deck! This home is ideal for family gatherings and entertaining. It is private yet close to the beach! Enjoy all of the amenities of Villages at Ocean Hill including an oceanfront pool with snack bar and restrooms, lakefront pool, tennis, basketball courts, fitness center, and multiple beach accesses! You are just minutes away from everything Corolla has to offer such as the high ropes course, the historic Currituck Lighthouse, the Whalehead Club, putt putt as well as plenty of dining and shopping options at the Corolla Light Town Center and Timbuck II Shopping Center! 4 wheel drive beach is right around the corner as well. Great house....great area and location! PUT THIS ON YOUR MUST SEE LIST!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 12/08/2021

Landmark Sotheby's Internation

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,962

Year Built

  • Built in 2006

Lot Details

  • Level Lot

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,166 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Fuel Tank
  • Municipal Utilities District for Water and Sewer

Listing and Financial Details

  • Tax Lot 106

Community Details

Overview

  • Association fees include management, pool, road maintenance, tennis courts
  • Bryan Smith Association, Phone Number (252) 453-0162
  • Villages At Ocean Hill Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,962

Year Built

Built in 2006

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC-12, turn right at Ocean Hill Court. Turn right onto Windance Lane. Home is at the end in the cul-de-sac.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Roof Top Deck, Dry Entry
  • Flood Zone: X
  • Headline: LOVELY CONDITION W/LARGE POOL!
  • Heated Sq Ft: 3166
  • L V T Date: 12/09/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Advertised Income 2020: 51865
  • Advertised Income 2021: 69459
  • Advertised Income 2022: 38574
  • Deed Book Pg Number: 544
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Gunite, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Park Serv/Preserve

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Septic Fee: 661
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Clubhouse, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2100
  • Hoa Contact: Bryan Smith
  • HOA Contact: 252-453-0162

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 106
  • Deed Book: 1490

Rental Info

  • Est Annual Rental Income: 83700
  • Estimated Rental Performance: 0.0943
  • Other Expenses: 396
  • Other Insurance Expenses: 5696
  • Rental Co: Vacasa - North
  • Rental Cottage Name: Nauti Flyer
  • Rental Cottage Number: VOH19
  • Rental Phone Number: 888-270-8523
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Electric: 2568
  • Annual Water Expense: 996

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2021
  • Taxes: 3962

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Jan 26, 2022
Sold by
Larry Herter
Bought by
Gaiser Sean P and Gaiser Ruth B
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$859,000
Sold Price
$888,000
Premium/Discount to List
$29,000
3.38%
Current Estimated Value
$1,117,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,117
Avg. Annual Appreciation
6.01%
Original Mortgage
$710,400
Outstanding Balance
$655,959
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$461,158

Purchase Details

Closed on
Jul 10, 2019
Sold by
Herter Larry Walter and Herter Mary Kathleen
Bought by
Herter Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2004
Sold by
North Beach Development Llc
Bought by
Herter Larry W and Herter Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gaiser Sean P $4,440,000 Mann Mcgibney & Jordan Pllc
Herter Larry -- None Available
Herter Larry W $3,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaiser Sean P $710,400
Previous Owner Herter Larry $375,000
Previous Owner Herter Larry W $158,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $888,000 +3.4% $280 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $859,000 -- $271 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,360 $668,200 $149,000 $519,200
2024 $5,360 $668,200 $149,000 $519,200
2023 $5,344 $668,200 $149,000 $519,200
2022 $3,989 $668,200 $149,000 $519,200
2021 $3,961 $548,200 $140,000 $408,200
2020 $3,294 $548,200 $140,000 $408,200
2019 $3,284 $548,200 $140,000 $408,200
2018 $3,284 $548,200 $140,000 $408,200
2017 $2,989 $548,200 $140,000 $408,200
2016 $2,989 $548,200 $140,000 $408,200
2015 $3,014 $548,200 $140,000 $408,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117025

Outer Banks Association of REALTORS®

APN: 114E-000-0106-0000